Published on 31 January 2017

Homebase Ireland reduces losses by 73%

The Irish arm of Homebase has filed accounts which show revenues of €47.56m for the year ended 27th February 2016, up 8% on the previous year's figure of €43.74m.

Like-for-like sales have increased by 13%, boosted by the closure of one store in the previous year when the figure was 4%. Homebase states that sales of big ticket items helped to boost sales, along with 'growth across all product categories'.

Pre-tax losses have reduced by 73% to €2.4m, compared with losses of €9m in the previous year.

Homebase currently has eleven stores in Ireland and employs 448 members of staff.

If your business is interested in pricing intelligence or you're currently trying to track retail prices manually, there really is a much easier way. 

Source: http://www.insightdiy.co.uk/news/homebase-ireland-reduces-losses-by-73/5461.htm

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